MISSION STATEMENT

To assist, stimulate, and enhance economic development in Big Spring, Texas,

subject to applicable State and Federal laws and the Bylaws and the Articles of

Incorporation. To utilize its Sales Tax Revenues to increase the job opportunities

available to the citizens of Big Spring by assisting the expansion of local businesses

and attracting new business activities to Big Spring.

2013-2014

BOARD OF DIRECTORS Mr. Don Avant President

Mrs. Nati Saldivar Vice President

Mr. Scott MacKenzie Secretary/Treasurer

Mr. Jim DePauw Board Member

Mrs. Frances Hobbs Board Member

Professional Staff Mr. Terry Wegman, Executive Director Mrs. Teresa Darden, Executive Assistant

Ag Appreciation Luncheon

Texas Economic Development Council

County Group Meetings

County Focus Group Meetings

West Texas Regional EDC Meetings

Regional Marketing Group “High Ground of Texas”

McMahon-Wrinkle Airport/Airpark Board

Big Spring Area Chamber of Commerce Board

Keep Big Spring Beautiful

Pops in the Park

Howard County Day in Austin

Ports to Plains Corridor

Alon Citizens Advisory Panel (CAP)

Tech Prep Steering Committee

Howard College Industry Advisory Board

Greater Big Spring Rotary

West Texas Wind Consortium

Cline Shale Alliance

West Texas Energy Consortium

Permian Basin Coalition

Big Spring Economic Development is also involved in the following local, regional and state

organizations and projects that are conducive to improving our community:

Date CompanyAgreement

Amount

New

Jobs

Retained

Jobs

Payroll Generated

during term of

Loan

Capital Investment

Incentivized May-11 John Crane Production Solutions $600,000.00 27 60 $6,000,000.00 $1,900,000.00

Mar-11 Plains Cotton Coop $200,000.00 7 $1,000,000.00 $10,000,000.00

Jan-12 Acme Energy/ Big Dog Drilling $450,000.00 30 $2,250,000.00 $1,400,000.00

Aug-11 Western Container $850,000.00 98 $1,100,000.00

Jan-11 Howard County Community Health Care $150,000.00 21

Oct-11 CeRam-Kote $350,000.00 18 18 $3,500,000.00 $1,100,000.00

Aug-11 Desert Tanks $800,000.00 17 17 $8,000,000.00 $2,000,000.00

Jul-12 Boyce Galvanizing $450,000.00 22 $4,500,000.00 $5,000,000.00

Jul-12 Boyce Galvanizing (Zinc) $796,926.00

Nov-11 Transport Handling Specialist (rent subsidy) $6,000.00

Dec-11 Transport Handling Specialists (repair Airpark rail spur) $150,000.00

Jul-12 Transport Handling Specialists (repair Co-Ex rail spur) $21,769.00 3

Dec-07 Settles Hotel $3,000,000.00 93 $24,000,000.00

Aug-09 Howard College Vocational Training $220,085.00 162 $1,000,000.00

Jun-08 McMahon Wrinkle Airport Runway $800,000.00 $1,600,000.00

Feb-11 Leading EDG* $40,000.00Assisted

Jan-11 Super Rod (sell of EDC building) 200 $5,000,000.00

Apr-08 Noltex (assited in finding location) 28 $800,000.00

May-11 WETT/Isolux* 60 $800,000,000.00

Jan-08 Wind Turbine Farms $300,000,000.00

Total $7,460,085.00 688 193 $20,750,000.00 $1,149,900,000.00

*Leading EDG has had 82 Owners; 50% Start up, 40% Existing, 10% buy or sell

*WETT/Isolux estimates completion March 2014

Awarded Designation as a Certified Retirement Community 2009 by Texas Department of Agriculture

Updated 3-12-14

Summary of Projects 2007-Current

Transport Handling Specialist assist railroads and

users of railroads in solving transportation issues that

range from the storage of products and fleets to the trans-loading of commodities. With the assistance of Big Spring EDC, THS has enhanced the competitiveness of industrial activity in Big Spring and has developed the industrial property. Since October 2012 Big Spring Rail has provided service to over 1,341 rail cars. October 2012-December 2012: 17 rail cars January 2013-December 2013: 235 rail cars January 2014-September 2014: 1,089 rail cars

Western Container– employees 100 full time positions

A high performance company dedicated to being the premier manufacturer of PET containers for the Coca-Cola Bottling System. The company was established in 1979 by a group of Coca-Cola Bottlers who acted on the long-term need to offer a central distribution point and a reliable source of high quality low-cost plastic bottles.

Ft. Worth Pipe/Savage-employees 42 full time positions with up to 60 plus by year end

The Ft. Worth Pipe Big Spring, Texas yard is located 45 minutes east of Midland off of Interstate 20. Opened in 2013 to serve Cline Shale & Permian Basin operators, having over 45 acres of land for pipe storage, rail access, trucking, forklifts, clean and drift crews. This site also serves as a trans-loading facility for other industry related goods.

Hi Crush-employees 6 full time positions

Provides the handling and management of frac sand once it reaches the destination terminal. Through a network of strategically-located destination terminals, they are able to service customers on short notice, while reducing logistics costs and minimizing trucking detention fees.

Progress on the UPRR 10% Plan is nearing completion. Plans to develop the 312 acre site owned by the EDC have been approved and at this juncture, PIC is waiting for UPRR, MOU and is poised to begin the 30% Plan. Estimated capital investment approaches $100 million. The site is designed to handle unit trans and or crude oil to rail cars for distribution through the nation.

In order to meet the increasing sewer and water infrastructure needs that will allow growth and expanded business opportunities to occur in the northern portions of the City, the City found it necessary to make certain repairs and improvements to infrastructure specifically, to bore under Interstate 20 in order to lay sewer lines that will increase sewage capacity to the northwest quadrant of the city. BSEDC provided financial assistance in the amount of $1,000,000 to the City to fund such infrastructural improvements with the expectation that new jobs will result and existing jobs will be retained as a result of the improvements.

The Permian Basin, Howard County and Big Spring are growing at a rapid pace. The oil and gas industries are booming and with all the activity and there is much planning needed to accomplish future goals for the community. BSEDC along with the City of Big Spring agreed it was necessary to hire a professional service to assist with the study, development and preparation of a new and updated Comprehensive Plan for the City and its extra territorial jurisdiction and a new Airport Master Plan for the McMahon Wrinkle Airport and Industrial Park. BSEDC provided $284,203 as reimbursement for professional services fess incurred for the study, development and preparation of the Comprehensive Plan.

Coach and consult with business people in managing, operating, and financing small businesses at no cost to Howard County residents

Startup Businesses Talk through details of the business idea Work up financial projections Walk through the steps of opening a business in Texas: Secretary of State, County Clerk, State Comptroller, IRS, Texas Workforce Commission, Permits and Licensing Provide market research and demographic studies Educate on financial management tools Educate on sales and marketing strategy Educate on available loan programs and HUB certification

Existing Businesses

Accounting systems Non disclosure agreements Help set pricing Sales and marketing plans Launch new products Business plan and financial projections for lenders Valuation of the business Steps to bid on government contracts Set up online business Help build proposals for clients to approach EDC for incentives

Leading EDG has facilitated 14 new jobs and 41 retained jobs since 2011.

27 clients have been seen from October 2013-September 2014

Big Spring Economic

Development Corporation

Big Spring EDC has been publicized in many magazines that are not only distributed Nationwide but worldwide as well. • Business Expansion Journal • Expansion Solutions • Trade & Industry • Images • Inbound Logistics

Certified Retirement Community

Big Spring became a Texas Certified Retirement Community in 2009 and Big Spring EDC has been instrumental in marketing the community as a retirement destination. Big Spring marketing initiatives include materials distributed at the State Fair, AARP Annual Conventions and joining with the Convention and Visitors Bureau in advertising in numerous publications along with an nationally distributed television ad produced by The State of Texas as a great place to retire • Texas Highways Travel Host

Big Spring EDC now has marketing pamphlet availiable

Multimedia

The Big Spring EDC website is very user friendly and informational.

Since the launch of the website many inquiries have been requested. During the year from October 2013 to September 2014, the website has had 19,493 visits with 82.75% of those hits being new visits. It is very important in this day and time to keep up with our ever changing communication technology. With this new site Big Spring Economic Development has accomplished just that.

Multimedia

The Big Spring EDC keeps our Social Network up to date As well as acquiring a QR (quick response) Code.

Big Spring Economic Development is excited to be part of the Ports-to-Plains Alliance. The Ports-to-Plains Trade Corridor Coalitions is, above all, a network of people who share the same interest in the robust, sustainable growth of jobs and investment throughout the 9-state Ports-to-Plains corridor. Thanks to that network, and its geographic alignment between the Texas and western Canada’s oil patch, the Ports-to-Plains Trade Corridor is increasingly recognized as an important economic development resource for business leaders throughout North America’s energy and agricultural heartland.

BIS Consulting offers a full range of GIS consulting services to support organizations and local government entities. This site benefits EDC by helping businesses find property and locate owners.